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Lexus RX 350 / RX 450h Lease Questions

1578 messages,  Last post on Dec 01, 2009 at 4:58 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus RX 450h, Lexus RX 350, Car Leasing, SUV


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#267 of 1578
Re: December to Remember [moolman] by darballman1
Nov 20, 2006 (8:59 am)
Reply

Replying to: moolman (Nov 18, 2006 5:05 pm)

Here is the lease quote I received yesterday (Sunday) from Longo Lexus in Southern California:
 
2007 AWD RX 350
 
MSRP: $ 43.055
 
Capitalized Cost: $ 37,200.
 
Drive Off: $ 850.
 
36 months/12K miles
 
$ 451. + tax =
 
Total Payment: $ 486. 55
 
Note bad of a deal. Seems to be a glut of RX 350 here in Southern Ca. Went on Crown Lexus's lot on Sunday (John Elway's dealership), and they must have had over 75 RXs.
#268 of 1578
Texas Lease deal by jakpenn
Nov 21, 2006 (8:20 am)
Reply
Here is a deal quoted on rx 350 12k 36 mo lease in Dallas:
Msrp $40,680
Cap Cost: $37,465
Money factor:.00215 marked up from .00133 even though beacon score is 780
Residual 56%
 
Why are they not offering me top tier financing...they seem to be making plenty on the car
#269 of 1578
got my RX350 by qianc_01
Nov 21, 2006 (10:39 pm)
Reply
After hassles with other dealers in Los Angeles, Finally
got a RX350 from lexus of oxnard without any trouble. MSRP:41500, Cap cost:35660+600(acquisation). Put down
$3825 for refundable desposit to lower the money factor
to 0.00037(0.9% APR). Residual is 56% for 3 years/12K. The drive off cost is
$400(DMV)+$406(first payment)+$3825(Multiple Security Deposit). Monthly payment is $375+$30(tax). If you live
in southern CA, you can call their internet department.
#270 of 1578
Re: got my RX350 [qianc_01] by moolman
Nov 22, 2006 (9:47 am)
Reply

Replying to: qianc_01 (Nov 21, 2006 10:39 pm)

you got a final money factor of 0.00037 after 9 MSDs. Does that mean you got a money factor of 0.00127, is this correct. I'm getting the lowest as 0.00133, so just checking to see if it got lower.
#271 of 1578
Re: got my RX350 [moolman] by qianc_01
Nov 22, 2006 (11:35 am)
Reply

Replying to: moolman (Nov 22, 2006 9:47 am)

No, original is 0.00133. After MSD, it goes to 0.00037. That
dealer seems to be eager to sell their cars.
#272 of 1578
Re: got my RX350 [qianc_01] by moolman
Nov 22, 2006 (12:36 pm)
Reply

Replying to: qianc_01 (Nov 22, 2006 11:35 am)

you must of got an extra 0.00005 from them because doing the math. Each MSD is a 0.0001 off, so you should end up with 0.00043. How did you manage that, did specifically say there were going to give you a discount. I might try to get a better rate but I have a feeling they will tell me that it's the lowest that lexus financial will go. Unless you can verify otherwise. Thanks
#273 of 1578
Re: got my RX350 [moolman] by qianc_01
Nov 22, 2006 (1:56 pm)
Reply

Replying to: moolman (Nov 22, 2006 12:36 pm)

I am pretty sure they told me 0.00037. But even with that number, online
calculator shows $415(including 8.25% tax) monthly payment. Since they offered
me $407, I didn't bother to ask why. Before doing MSD, they
said I have to pay $477 and they were using 0.00133 at that time.
#274 of 1578
mileage penalty by moolman
Nov 24, 2006 (10:06 am)
Reply
Hi,
  Does anybody know if the mileage penalty is negotiable or not. So far I'm being told that if I prepay the penalty it's 15 cents a mile, 20 cents a mile if I pay afterwards. Is this a lexus financial figure or is it negotiable.
 
Thanks
#275 of 1578
RX400h lease by kunalb
Nov 24, 2006 (12:08 pm)
Reply
Hey guys i am new to the board and have been looking for either a gs350 or rx400h. While the prices might be close for both cars with nav and other options, the lease prices are worlds apart. I was recently quoted by lexus dealer that he could give me the 400h with flint mica and nav for 534 a month.
  
His offer:
  
MSRP: 49,887
Sell Price: 45,051
  
36month/15k a year : 2500 down + (tax + inception fees) : $533.94 a month.
  
Lexus leasing is kind of confusing to me because the gs350 lease i was quoted was always around 700-800 with nav and almost identical sales price. So can someone let me know if this is a good deal or should i try to go lower.
#276 of 1578
December to Remember? by cpa3
Nov 25, 2006 (7:31 pm)
Reply
Does anyone know what the deal they are offering is now? I went to MV Lexus and the best I could get out of the Sales Rep was they were discounting lease rates.
 
I also noticed all the RX 350's had 18 inch wheels which was an additional $665 added to the list price. Can you get them with the standard wheels?
 
Is there any other lease fees that are standard items to charge for other than the acquisition fee of $600? I see some have listed documentation fees and mis garbage fees.

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